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    1029 University Ave Morgantown, WV 26505

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    For Sale
    $450,000

    Retail or office space with waterfront views and high visibility.

    Property size:
    2,400 SF
    Lot size:
    0.23 Acres

    Property Features for 1029 University Ave

    General Information

    Size
    2,400 SF
    Lot size
    0.23 Acres

    Source: Totum Realty Advisors Agent Michael Castle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    University Avenue Retail/Office Opportunity

    This 2,400-square-foot property offers spectacular visibility and identity, with easy access from both University Avenue and Garrett Street. Situated in a waterfront location, it overlooks Hazel "Ruby" McQuain Park. The property is suitable for either retail or office use. It benefits from high traffic volume, with approximately 25,000 cars passing by daily. Additionally, the property is located in an opportunity zone.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mountain State Justice ... Legal Services

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.9593726
    Latitude
    39.6289162

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    FAQs

    What type of property is this?
    Office space - Retail or office space with waterfront views and high visibility.
    Where is this office space located?
    The property is located at 1029 University Ave Morgantown, WV.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Waterfront location overlooking Hazel "Ruby" McQuain Park; - High visibility and identity; - Easy access on University Ave and Garrett Street
    (412) 745-5000
    Request Owner's contact information
    1029 University Ave Morgantown, WV 26505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 University Ave Morgantown, WV 26505
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